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Transvaginal Mesh Settlement Funding News: Legal-Bay To Increase Funding Amounts Up to $250K On Some Vaginal Mesh and Bladder Sling Recall Cases

April 2, 2013 5:00 am | by PR Newswire | News | Comments

ATLANTIC CITY, N.J., April 2, 2013 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today that they have increased their funding amounts to $250K on a select few Transvaginal Mesh cases waiting for their settlement check.

Notice of Change of Meeting Schedule: April 25, 2013 Clinical Chemistry and Clinical Toxicology Devices Panel of the Medical Devices Advisory Committee

April 2, 2013 12:00 am | by U.S. Food & Drug Administration | News | Comments

The Food and Drug Administration (FDA) is correcting a notice that appeared in the Federal Register of Wednesday, February 27, 2013 (78 FR 13347). The meeting was shortened to one day, as it was later determined that in order to be more financially prudent all three topics could fit into one day.

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C.R. Bard Loses Patent Round, $25M Hernia Insurance Decision

April 1, 2013 9:54 pm | by Mass Device | News | Comments

C.R. Bard revealed a 1-2 punch today when it reported another loss in its patent infringement war with W.L. Gore and an adverse insurance decision that could cost it $25 million. The medical device company said in regulatory filings that the U.S. Patent & Trademark Office issued an initial finding in its reexamination of a Bard patent for a "Prosthetic vascular graft," known as the '135 patent.

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Biomet Opts Out of Dental Business Sale

April 1, 2013 5:00 pm | by Mass Device | News | Comments

Biomet said it plans to hold onto its dental business after all, having mulled divesting the unit over the past 10 months. Last June the privately held orthopedics giant said it was testing the waters of a possible sale or spinout for Biomet 3i.

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Keeping Ahead in China Means Adapting to a Shifting Market, Analysts Say

April 1, 2013 3:14 pm | by Mass Device | News | Comments

Analysts at PricewaterhouseCoopers say that life sciences companies that are ready to evolve along with China's shifting landscape will be in the best position to capitalize on what's projected to become a $1 trillion healthcare market within the decade.

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Abiomed Initiates Trial of Right-Side Heart Pump

April 1, 2013 2:38 pm | by Mass Device | News | Comments

Abiomed said the 1st patient to receive its right-side heart pump, the Impella RP, as part of a clinical trial aimed at U.S. approval was implanted with the device in Philadelphia. The Danvers, Mass.-based medical device company said the patient was implanted with the Impella RP after implantation with another type of heart pump called a left ventricular assist device.

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Justice Dept., ArthroCare Get Another Extension in Criminal Probe

April 1, 2013 2:13 pm | by Mass Device | News | Comments

ArthroCare (NSDQ:ARTC) and the U.S. Justice Dept. gave themselves until the end of May to hash out a deal over a criminal probe into ArthroCare's spinal business. It's the 3rd extension of a so-called tolling agreement between the Austin, Texas-based medical device company and the feds that lengthens the the statute of limitations on the investigation.

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FDA Approves 1st Type 2 Diabetes Drug

April 1, 2013 1:45 pm | by Mass Device | News | Comments

The FDA approved a 1st-of-its-kind treatment for Type 2 diabetes, Johnson & Johnson's Invokana, with the federal watchdog agency citing it as a pioneer in a new class of diabetes drug. Invokana is a potential blockbuster drug that acts by reducing the amount of blood sugar that's normally stored in the liver, instead causing the body to excrete the excess sugar in urine.

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Robotic Surgery: Experience Drives Success

April 1, 2013 11:50 am | by Globe Newswire | News | Comments

Recent headlines are taking aim at robotic surgery, highlighting an increase in surgical complications and subsequent lawsuits. As the viability of the da Vinci Surgical System is called into question, Dr. David Samadi says one thing remains certain, "The surgeon, not the robot, is responsible for surgical outcomes."

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Non-Contact Angle Sensors with Redundant Outputs

April 1, 2013 11:26 am | by MDT Staff | Novotechnik U.S., Inc. | Product Releases | Comments

Novotechnik, U.S. introduces the RSC3200 Series of Hall effect angle sensors designed for use in harsh environments and high reliability applications with redundant outputs and immunity to adverse environmental effects.

Projected Capacitive Touch Screen Technology Provides a Customizable Solution

April 1, 2013 11:16 am | by MDT Staff | Molex | Product Releases | Comments

Molex Incorporated announced today its Projected Capacitive Touch Screens, which leverage existing Molex capacitive switch technology to deliver multi-touch functionality that is responsive and intuitive to operate.

Bingham Memorial Hospital to be First to Offer Reflux Procedure in Intermountain West

April 1, 2013 11:15 am | by The Associated Press | News | Comments

BLACKFOOT, Idaho--(BUSINESS WIRE)--Apr 1, 2013--Bingham Memorial Hospital today announced it will be the first hospital in the Intermountain West Region to offer the new LINX procedure for patients suffering from Gastroesophageal Reflux Disease (GERD), a chronic disease allowing gastric fluid to...

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Mokon Expands Temperature Range of Iceman Series Chillers to -20°F

April 1, 2013 10:35 am | by MDT Staff | Mokon | Product Releases | Comments

Mokon’s line of Iceman Low Temperature chillers is now available with operating temperatures from -20°F to +20°F (-29°C to -7°C) and nominal capacities up to 12 Tons in both air and water-cooled condensing.

Composite Clad Metal Wire Eliminates Flaking and Bonding Issues

April 1, 2013 10:31 am | by MDT Staff | Anomet Products, Inc. | Product Releases | Comments

Custom manufactured, high reliability clad composite wire, rod, and ribbon that can be formulated with properties to meet specific OEM design requirements is available from Anomet Products, Inc.

PMI™ at 51.3%; March Manufacturing ISM Report On Business®; New Orders, Production and Employment Growing; Inventories Contracting; Supplier Deliveries Faster

April 1, 2013 10:00 am | by PR Newswire | News | Comments

TEMPE, Ariz., April 1, 2013 /PRNewswire/ -- Economic activity in the manufacturing sector expanded in March for the fourth consecutive month, and the overall economy grew for the 46th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report...

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